Produced by: Mohsin Shaikh
Jawed Habib’s glamorous brand name now echoes through police stations, not salons. The celebrity stylist and his son stand accused of orchestrating a high-return crypto scheme that allegedly bled investors dry across Uttar Pradesh.
Investors claim they were promised 50–75% monthly gains on Bitcoin and Binance coins — a financial fantasy that turned to dust. Police say not a single rupee was returned, leaving victims chasing shadows and shattered savings.
Behind the sheen of designer scissors and red-carpet smiles, investigators allege a façade of deceit. The Follicle Global Company projected trust and glamour — until its offices went dark and its founders disappeared.
Police teams have fanned out from Sambhal to Delhi and Mumbai, armed with warrants. The chase for Habib now spans states, with authorities hinting at invoking the Gangster Act — a law rarely used in white-collar crimes.
From Pune to Bareilly, furious investors have flooded local police with complaints. Over 33 FIRs have been registered, each narrating a story of misplaced faith, polished promises, and WhatsApp groups that suddenly went silent.
The alleged scam was launched with full fanfare — a 2023 gala at Royal Palace Venkat Hall, complete with LED screens, influencers, and slick crypto talk. Attendees thought they were buying into the future — not funding a fraud.
When summoned for questioning, Habib reportedly skipped the meeting, citing poor health. His lawyer arrived with documents, but police called it “unacceptable” — adding yet another twist to an already tangled case.
Even as his brother claims Habib “no longer lives” at his Delhi home, investigators believe family members may hold vital clues. What began as a grooming empire’s success story now reads like a family drama under criminal scrutiny.
Once India’s most recognizable hairstylist, Habib’s brand now trends for all the wrong reasons. The man who styled Bollywood’s elite may soon face a different kind of spotlight — the cold glare of courtroom cameras.